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824 Kirkwood Avenue Ottawa, Ontario K1Z 5Y2

10 Bedroom 6 Bathroom 3500 - 5000 sqft

$1,995,000

Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 - a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged. (id:59524)

Property Details

MLS® Number X13483634
Property Type Multi-family
Community Name 5301 - Carlington
Features Irregular Lot Size
ParkingSpaceTotal 12

Building

BathroomTotal 6
BedroomsAboveGround 8
BedroomsBelowGround 2
BedroomsTotal 10
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementType Full
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 109 Ft
SizeFrontage 83 Ft
SizeIrregular 83 X 109 Ft
SizeTotalText 83 X 109 Ft

https://www.realtor.ca/real-estate/29946634/824-kirkwood-avenue-ottawa-5301-carlington

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